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News Details

14/08/2025 19:10

Plaza Wires Q1 net profit jumps 56.52% at Rs 1.08 cr

The company reported standalone net profit of Rs 1.08 crore for the quarter ended June 30, 2025 as compared to Rs 0.69 crore in the same period last year, registering a year-on-year growth of 56.52 per cent.

Net revenue of the company rose substantially by 38.33 per cent at Rs 65.36 crore in April-June quarter of this fiscal as against Rs 47.25 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 38.19 per cent to Rs 62.64 crore from Rs 45.33 crore in year ago period.

Other Income dipped by 50.00 per cent at Rs 0.18 crore versus (Jun'24 Rs 0.36 crore).

Operating Profit surged by 41.67 per cent to Rs 2.72 crore as against Rs 1.92 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.72 per cent in June quarter.

Interest declined by 25.84 per cent y-o-y to Rs 0.66 crore, while Taxation increased by 48.28 per cent at Rs 0.43 crore (Jun'24 Rs 0.29 crore).